The infant nutrition market in Indonesia is driven by factors such as increasing awareness of the importance of proper infant nutrition, rising disposable income, and the growing number of working women. The demand for infant formula is on the rise due to the increasing preference for convenience and the perception that formula is more nutritious than traditional foods. Additionally, the government's efforts to improve maternal and child health through various programs have also contributed to the growth of the infant nutrition market. However, challenges such as high product prices, concerns about the safety and quality of infant formula, and the promotion of breast milk substitutes hinder the growth of the market. Key players in the market include Danone, Abbott Laboratories, Nestlé, Morinaga Milk Industry Co., Ltd., Mead Johnson & Company, LLC, and FrieslandCampina.
Indonesia Infant Nutrition Market
is projected to surpass US$ 9.90 Bn by the end of 2028 and exhibit a CAGR of 7.16% during the forecast period (2021 to 2028).
Prominent Companies in the Indonesia Infant Nutrition Industry:
1. Nestlé S.A.
Nestlé S.A. is a Swiss multinational food and beverage company founded in 1866. Its headquarters is in Vevey, Switzerland, and it operates in 190 countries worldwide. Nestlé produces a wide range of products, including infant formula, bottled water, coffee, chocolate, and pet food. . In October 2022, Nestlé announced the Nescafé Plan 2030, to support coffee farmers in the transition to regenerative agriculture, helping reduce greenhouse gas emissions from coffee farming and improve farmers’ livelihoods.
2. Groupe Danone
Groupe Danone, also known as Danone, is a French multinational food-products corporation founded in 1919. Its headquarters is in Paris, France, and it operates in more than 120 countries. Danone produces a variety of products, including dairy, baby food, bottled water, and medical nutrition. In February, 2023 Danone launches its new international Daniel Carasso Research & Innovation Center to accelerate research on the Future of Nutrition
3. PT Kalbe Farma Tbk
PT Kalbe Farma Tbk is an Indonesian pharmaceutical and healthcare company founded in 1966. Its headquarters is in Jakarta, Indonesia, and it operates in several countries, including Vietnam, the Philippines, and Cambodia. Kalbe Farma produces a range of products, including infant formula, pharmaceuticals, and health supplements.